Medicine Park, Oklahoma has a housing median value of $288,800 which is significantly lower than the U.S. median value of $338,100. Although it is lower in terms of median value, the 1 year appreciation rate of 9.28% in Medicine Park is higher than the national average of 8.27%, indicating that housing in this area is still desirable and increasing in value at an above average pace. This makes Medicine Park an attractive option for those looking to invest in real estate or find a home that will appreciate faster than other options on the market.
The median home cost in Medicine Park is $288,800. Home appreciation the last 10 years has been 34.4%. Home Appreciation in Medicine Park is up 17.8%.
Average Age of Homes
- The median age of Medicine Park real estate is 36 years old
The Rental Market in Medicine Park
- Renters make up 14.5% of the Medicine Park population
- 0.0% of houses and apartments in Medicine Park, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.